Page 1766 - Company News

Amazon registers 80% buyers from smaller cities this festival season sale

E-commerce platform Amazon India has recorded the highest growth in the festive season sale, with 80 per cent of the buyers coming from tier 2 and beyond towns

Bain Capital is among bidders for Indian polyester film manufacturer

The Boston-based buyout firm has been sounding out financing for the potential offer, which could value Polyplex at more than $1 billion including debt

CCI order a major setback for Indian businesses, consumers: Google

'Will open serious security risks… raise mobile device costs'

Vodafone Idea gets board of directors' nod to raise Rs 1,600 cr from ATC

Board approves issue of debentures

PhonePe in talks to raise $700 million at $12 billion valuation

Digital payments firm seeking investors' support to scale up operations and compete with rivals

Motilal Oswal invests Rs 260 cr in 3 projects of Urbanrise-Alliance Group

The total saleable area in these three projects would extent to 6.2 million square feet and is expected generate a revenue of Rs 4,600 crore

Reliance Industries to demerge and list financial services business

Shareholders of RIL will receive one equity share of JFS of face value Rs 10 for one fully paid-up equity share of Rs 10 held in RIL.

Adani Group considers raising $10 bn debt in lower-cost debt, green bonds

Gautam Adani's group is looking to raise at least $10 billion in new debt over the next year as his conglomerate seeks to refinance its high-cost borrowings and fund projects in the pipeline

Gautam Adani to target Europe with huge Morocco clean energy project

The project, which would be Adani's largest clean power development outside India, could be as large as 10 gigawatts, according to one of the people

Akasa Air launches Agartala-Bengaluru flight via Guwahati on Oct 21

Akasa Air, India's newest airline, on Friday launched its daily flight services in the Agartala-Bengaluru route, via Guwahati

NCLAT directs Jet Airways' new owner to clear unpaid provident fund, dues

Insolvency appellate tribunal NCLAT directed Jet Airways' new owner - Jalan-Kalrock consortium - to pay the unpaid provident fund and gratuity dues of employees of the carrier

After Rs 1,338-cr penalty on Google, CCI speeds up Apple antitrust case

Apple's restrictions prima facie result in denial of market access for potential app developers and distributors

LGT Group forays into Indian wealth management space via LGT Wealth India

Majority owned by LGT Group, LGT Wealth India employs more than 200 staff and has a presence in 14 cities across India, including Mumbai, Delhi, Chennai, and Bengaluru, the company said in a statement

Rights issue: Lull after 3 stormy years, mop-up Rs 2,867 crore in CY22

Mop-up Rs 2,867 cr in CY22, as against Rs 25,335 cr in same period last yr

RIL to demerge subsidiary RPPMSL's EPC business, combine it with its own

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

Reliance Jio to announce launch of 5G services in Rajasthan on Saturday

Reliance Jio Infocomm Limited will announce the launch of 5G services in Rajasthan from the famous Shrinathji temple in Nathdwara town of Rajsamand on Saturday, a company official said.

ITC stock slips despite good performance in September quarter

All analysts are bullish on the firm with target prices ranging from Rs 375 to Rs 490

Adani, GMR and L&T place bids for smart meter tender in Uttar Pradesh

These smart meters will be installed in the areas of four of the five power distribution companies of UP, namely PuVNL, PVVNL, DVVNL and MVVNL.

BS Number Wise: Asset reconstruction companies need to rebuild

They have been losing business as the IBC process picks up pace

Consultancy companies doubling capacity in sustainability divisions

According to industry sources, about 350-400 of the 1,000 companies have already engaged the services of sustainability consultants